About Icestasy
Icestasy is a company based in Mumbai (India) founded in 2016 by Parag Chaphekar.. Icestasy has raised $133.86 thousand across 5 funding rounds from investors including Nissim Ghoge, Nirmesh Prakash and Madhuri Pradhan.
- Headquarter Mumbai, India
- Founders Parag Chaphekar
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Icestasy Projects Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$57.45 K (USD)-70.12as on Mar 31, 2021
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Net Profit
$-48.48 K (USD)-393.82as on Mar 31, 2021
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EBITDA
$-45.8 K (USD)-409.58as on Mar 31, 2021
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Total Equity Funding
$133.86 K (USD)
in 5 rounds
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Latest Funding Round
$39.93 K (USD), Angel Round
Jan 29, 2022
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Investors
& 7 more
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Employee Count
Employee Count
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Funding Insights of Icestasy
Icestasy has successfully raised a total of $133.86K across 5 strategic funding rounds. The most recent funding activity was a Angel Round round of $39.93 thousand completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Angel Round — $39,931
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First Round
First Round
(17 Oct 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Angel Round - Icestasy | Valuation | Nissim Ghoge |
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| Jan, 2021 | Amount | Angel Round - Icestasy | Valuation | Nissim Ghoge |
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| Aug, 2019 | Amount | Angel Round - Icestasy | Valuation | Nirmesh Prakash |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Icestasy
Icestasy has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Nissim Ghoge, Nirmesh Prakash and Madhuri Pradhan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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NG
Nissim Ghoge |
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Founded Year | Domain | Location |
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NP
Nirmesh Prakash |
Angel investor and tech entrepreneur with focus on early-stage startups in India.
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Founded Year | Domain | Location |
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MP
Madhuri Pradhan |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Icestasy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Icestasy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Icestasy Comparisons
Competitors of Icestasy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Icestasy
When was Icestasy founded?
Icestasy was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Icestasy located?
Icestasy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Icestasy?
Parag Chaphekar is the current CEO of Icestasy. They have also founded this company.
Is Icestasy a funded company?
Icestasy is a funded company, having raised a total of $133.86K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $33.35K, raised on Oct 17, 2018.
What is the annual revenue of Icestasy?
Annual revenue of Icestasy is $57.45K as on Mar 31, 2021.
What does Icestasy do?
Icestasy was established in 2016 in Mumbai, India, to handle gourmet ice cream processing. Operations center on producing a range of flavors while upholding strict hygiene protocols in the food sector. Services include processing for various gourmet options, with the company led by founder and CEO Parag Chaphekar. Activities are based in India, focusing on quality-controlled production.
Who are Icestasy's investors?
Icestasy has 8 investors. Key investors include Nissim Ghoge, Nirmesh Prakash, Madhuri Pradhan, Sukanya Athavale, and Aditi Chaphekar.
What is Icestasy's valuation?
The valuation of Icestasy is $515.36K as of Jan 2022.